Archway is a Cosmos-native incentivized smart contract chain that enables developers to easily deploy high-performance dapps to be rewarded for the traffic they bring to the network. As developers build and launch impactful dapps, they receive a proportional share of network fees, inflation, and premiums. At its core, Archway is designed to enable developers to capture the value they create through sustainable economic models built into the blockchain.
For those unaware, Archway allows for easy incentivized smart contract deployment on Cosmos, and just launched their mainnet in July 2023, with over 90 projects building in their ecosystem. With the growing complexities and elevated storage costs of archival nodes, Archway has decided to rely on KYVE, the decentralized data lake, as its solution for preserving its chain history. As archival nodes risk becoming obsolete, Archway can leverage this data pool to continue to ensure free accessibility and trustless backup of its historical chain data for its growing ecosystem.
“Embracing the power of decentralization, we are thrilled to partner with KYVE Network. This new data pool provides a trustless backup of our chain, enabling secure and flexible data sourcing for our ecosystem. We look forward to supporting KYVE as they continue to build out a fast, secure, and scalable ecosystem where trustless data flows seamlessly, revolutionizing the way we access and utilize information on the blockchain.” - Max McKendry, Head of Business Development, Phi Labs
With KYVE’s data pool archiving and validating Archway’s blocks, ecosystem builders can easily access the correct data they need in raw format at any point in the blockchain’s history, and via our Data Pipeline, load it into the data destination of their choice (Postgres, MongoDB, BigQuery, etc.). From there, they can easily transform the data in whatever format they need for building, overall providing a streamlined, free data experience.
For example, you can build dashboards for tracking inflation rewards, gas rebates, or smart contract fees; as well as dedicated explorers, indexers, and more. This data is also very useful for data analysis and, via KYVE’s node runner tool KSYNC, fully syncing with the chain to easily enter or follow the network.
“With Archway being a very new and promising tendermint-based chain, this is a great opportunity for KYVE to archive and validate Archway's entire blockchain in just a few days and follow along as it expands. By providing a trustless backup of Archway's block history, their network can scale without needing to worry about archival nodes or data loss in the future.” Stated KYVE’s Core Protocol Developer, Troy Kessler.
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